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Author Topic: [DOWN] Bitlc.net - P2SH, No invalid blocks, Custom payouts, EU, 0% fee, LP  (Read 171007 times)
goxed
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January 30, 2012, 12:14:34 AM
 #1061

Here take a look at this https://www.bitlc.net/statistics/graphs

Looking to review Bitcoin / Crypto mining Hardware.
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January 30, 2012, 02:47:38 AM
 #1062

Here take a look at this..
I thought I'd help you out, I put a little blue mark at the start of a new round. New round starts, 3-400Ghash of pool hoppers jump on the 180Ghash pool.


1022    29 Jan 17:10:46    49m 14s
1021    29 Jan 16:21:32    7h 16m
1020    29 Jan 09:05:05    1 h 13m
1019    29 Jan 07:51:25    8m 43s
1018    29 Jan 07:42:42    1 h 40m
1017    29 Jan 06:02:24    8h 32m
1016    28 Jan 21:30:14    4h 19m
1015    28 Jan 17:11:03    11m 40s


Why the pool hasn't changed payment systems, after six months of knowing this is a problem, is beyond me. I was mining here on block #6, but I have no interest in mining while there is a 20% "hopper fee" in lower rewards.

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January 30, 2012, 05:52:52 AM
 #1063

Thanks for the explanation. It would be nice if stats are delayed by a day or so in this pool, or a hopper unfriendly payment scheme could be implemented.

Looking to review Bitcoin / Crypto mining Hardware.
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January 30, 2012, 07:01:56 PM
 #1064

Those spikes are remarkably close to the rates on ABCProxyPool.

R.I.P. BTC Guild, 2011 - 2015.
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January 30, 2012, 11:42:00 PM
 #1065

Thanks for the explanation. It would be nice if stats are delayed by a day or so in this pool, or a hopper unfriendly payment scheme could be implemented.
Stats delaying is not effective anymore, there are other ways to detect pool's new blocks.

Welcome to my bitcoin mining pool: https://deepbit.net - Both payment schemes (including PPS), instant payout, no invalid blocks !
ICBIT Trading platform : USD/BTC futures trading, Bitcoin difficulty futures (NEW!). Third year in bitcoin business.
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February 01, 2012, 10:59:35 AM
 #1066

Nice pool here looks good. Really appreciate the transparency and like the direction Bitlc seems to be going. Keep up the good work.

Those spikes are remarkably close to the rates on ABCProxyPool.
I saw that ABC admitted to using the pools hash power to pool hop but did abcpool ever come clean with wat pools they had been hopping?
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February 02, 2012, 12:32:52 AM
 #1067

Thanks for the explanation. It would be nice if stats are delayed by a day or so in this pool, or a hopper unfriendly payment scheme could be implemented.
Stats delaying is not effective anymore, there are other ways to detect pool's new blocks.

So, when the block is generated by the pool, it is being broadcast over the network, i.e. to the poolhopper directly connected to the pool daemon.
The poolhopper can determine that the block has been generated by the pool (and not relayed by the pool), if it haven't got the block from the other sources first.

If my posts are helpful, please send me something to 1AAj2HTautkcbVdHwwQu4rYWRFSUm4pAT7 . Thanks!
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February 02, 2012, 05:33:56 PM
 #1068

Is Bitlc supporting P2SH right now (BIP 16)? I know it's supposed to, but I can't see it @ http://www.blockchain.info/p2sh yet. I would definitely like to see this support asap or I would consider changing to another pool. I hope everyone understands how important this is.

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February 04, 2012, 08:55:09 PM
 #1069

Hi!

We DO support PS2H and I've been in contact with Gavin for the past month regarding this, we also discovered a bug in the P2SH backports (and main GIT tree) which didn't add tx-fees in new blocks.

I'm not sure the reason why we're not showing up, but all our blocks contains a vote for /P2SH/ as far as i know...

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Bit LC Inc

Previous founder of Bit LC Inc. | I've always loved the idea of bitcoin.
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February 06, 2012, 12:42:47 PM
 #1070

Hi!

We DO support PS2H and I've been in contact with Gavin for the past month regarding this, we also discovered a bug in the P2SH backports (and main GIT tree) which didn't add tx-fees in new blocks.

I'm not sure the reason why we're not showing up, but all our blocks contains a vote for /P2SH/ as far as i know...

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Bit LC Inc
+1

Thanks for the answer, you're running a great pool. Smiley

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February 06, 2012, 03:13:37 PM
 #1071

did i just got banned?


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February 06, 2012, 05:55:04 PM
 #1072

No, we haven't banned any users what so ever in a long time.

If you're having issues with login, please contact us at support@bitlc.net

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Bit LC Inc

Previous founder of Bit LC Inc. | I've always loved the idea of bitcoin.
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February 07, 2012, 12:53:29 PM
 #1073

Jine,

Wondering what your current and long term plans are for pool hopping, I'm watching the hash rate trend from 400+ to 170 or so as a round gets longer and the obvious question is should I bounce on this train also since it appears you have more then 50% of your hash rate hopping.

1CPi7VRihoF396gyYYcs2AdTEF8KQG2BCR
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February 07, 2012, 05:29:11 PM
 #1074

Yes.

We're switching to DGM/PPLNS/other-payment method as soon as we figured out which one.
I'll launch a separate poll about this in a few hours...

/ Jim

Previous founder of Bit LC Inc. | I've always loved the idea of bitcoin.
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February 08, 2012, 09:04:13 PM
 #1075

Jine,

Wondering what your current and long term plans are for pool hopping, I'm watching the hash rate trend from 400+ to 170 or so as a round gets longer and the obvious question is should I bounce on this train also since it appears you have more then 50% of your hash rate hopping.

"I'm watching the hash rate trend from 400+ to 170 or so as a round gets longer"  If the 400 GH starts around share 1 and stops around < or = 43.5% it is not hopping...just an occasional miner trying to hop here or just trying it out here.  if they miner at all over 100% difficulty, you make money... I mined in step with the 400 GH miners and DID NOT GET over 90% efficiency.  So Pedro, did you even track your earning to see if you are losing...or just cry that the sky was falling?
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February 08, 2012, 09:26:45 PM
 #1076

Jine,

Wondering what your current and long term plans are for pool hopping, I'm watching the hash rate trend from 400+ to 170 or so as a round gets longer and the obvious question is should I bounce on this train also since it appears you have more then 50% of your hash rate hopping.

"I'm watching the hash rate trend from 400+ to 170 or so as a round gets longer"  If the 400 GH starts around share 1 and stops around < or = 43.5% it is not hopping...just an occasional miner trying to hop here or just trying it out here.  if they miner at all over 100% difficulty, you make money... I mined in step with the 400 GH miners and DID NOT GET over 90% efficiency.  So Pedro, did you even track your earning to see if you are losing...or just cry that the sky was falling? BTW, I am being dramatic...not trying to offend...just having a laugh

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February 12, 2012, 06:41:50 AM
 #1077

Previously someone pointed out that we didn't show up on the vote-p2sh page on blockchain.info.
This was cause poolserverj didn't add the /P2SH/ string into the coinbase (even tho our bitcoind DO support P2SH!)

It's fixed now, with a bit of help from Eleuthria (or well, a heads up anyway).

After the weekend we will open up the deposit-bitcoin functionality and launch another service... that's for now - a secret Wink

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Bit LC Inc.
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Previous founder of Bit LC Inc. | I've always loved the idea of bitcoin.
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February 14, 2012, 12:07:16 AM
 #1078

Previously someone pointed out that we didn't show up on the vote-p2sh page on blockchain.info.
This was cause poolserverj didn't add the /P2SH/ string into the coinbase (even tho our bitcoind DO support P2SH!)

It's fixed now, with a bit of help from Eleuthria (or well, a heads up anyway).

After the weekend we will open up the deposit-bitcoin functionality and launch another service... that's for now - a secret Wink
Yeah, I just noticed today that Bitlc can now be seen on the p2sh vote page. Looking forward to the new services as well Smiley

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February 15, 2012, 03:08:56 PM
 #1079

Payments have been down for almost a week now, what gives?

Every time I try to make a payment it returns:
Quote
Payments are temporarly disabled for a few days due to a wallet switch, please try again later.
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February 16, 2012, 06:14:52 PM
 #1080

Payments have been down for almost a week now, what gives?

Every time I try to make a payment it returns:
Quote
Payments are temporarly disabled for a few days due to a wallet switch, please try again later.

This silence does not inspire confidence in bitlc. Why isn't there any news on this being posted?
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